Let’s face it, sleep is glorious. But not everyone gets enough. And in the workplace, that simple fact can translate to lost productivity…and lost money. The Rand Corporation recently stated that the U.S. loses $441 billion (or 2.28 percent of GDP) due to workers’ insufficient sleep habits.
But an innovative wedding planning company in Japan, Crazy Inc., led by Kazuhiko Moriyama, is betting that well-rested workers will be better for business. In fact, he’s placing REAL money on the wager.
Employees who sleep at least six hours a night, for at least five days a week, are awarded points by Crazy Inc. The points can be exchanged for food in the company cafeteria worth as much as 64,000 yen ($570) per year. Nightly rest will be tracked using an app made by Airweave Inc., a mattress manufacturer.
More than 92 percent of Japanese over the age of 20 say that they aren’t getting enough sleep, according to a survey by Fuji Ryoki, a health-products maker. Thanks to a labor shortage and long-held cultural belief of noble sacrifice for the corporate good, Japan has become notorious for a phenomenon called death-from-overwork, which claimed the life of an ad agency employee in 2015. Employees with happier lives will lead to better performance at the office, according to Moriyama. Crazy also promotes better nutrition, exercise and a more positive office environment.
So while paying employees to sleep might sound pretty crazy, there’s a case to be made. At Moore Benefits, we know that ruling your world is all about doing the best for your team and your company. Our team of employee benefits and health insurance experts is standing by to review YOUR plans and make sure you have the best possible options heading into 2019. And THAT feeling will help any business owner sleep GREAT at night!
The Company That Pays Its Employees to Get a Full Night’s Sleep